what is in the 40 billion ukraine bill

This bill will protect democracy, limit Russian aggression, and strengthen our own national security, while, most importantly, supporting Ukraine, Democratic Representative Rosa DeLauro, who chairs the House Appropriations Committee, said as she urged support for the spending package. economy.". In addition, $300 million is meant for advanced nuclear reactors and advanced nuclear fuels to increase Ukrainian energy security and independence as Russia continues to hit its energy infrastructure with frequent missile barrages and drone strikes. Another $6.98 billion will go toward U.S. European Command mission and intelligence support, pay, equipment and related activities. Biden utilized the authority to send $9.2 billion - or roughly 84 percent - worth of supplies from the U.S. stockpiles. The measure now goes to. As of March 2021, he had a net worth of US$8.6 billion, having donated more than $32 billion to the Open Society Foundations, of which $15 billion has already been distributed, representing 64% of his original fortune. The approved fundingwill go toward the Ukrainian military and national security forces, weapons, equipment, training, and other intelligence support as well as refugee and medical support. 'We have seen bipartisan support when it comes to Ukraine aid,' Jean Pierre said and pointed out that Republicans have also visited the war-torn country since the invasion. Senate Minority Leader Mitch McConnell, R-Ky., traveled to Ukraine over the weekend and met with President Volodmyr Zelenskyy. "And they need this help right now.". 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You've successfully subscribed to this newsletter! The Democratic-led House of Representatives voted 368-57 on Tuesday evening to pass a roughly $40 billion bill to deliver aid to Ukraine as it continues to face Russia's brutal assault .. Why? The department said it would give preference to projects for which state and local governments were providing incentives with spillover benefits for communities, like work force training, education investment or infrastructure construction. He added, "It is more than any other country spends on their entire military expendituresour total aid to Ukraine will almost equal the entire military budget of Russia.". We've got to get serious about getting tough on China's trade cheating, which this administration is not. "To do that, we've got to get in the right posture in the Indo-Pacific, which we're not currently. Ukraine. Reflecting international concerns prompted by the assault, Finland's leaders announced their support for joining NATO and Sweden seemed not far behind. May 19, 2022 01:34 PM T he Senate on Thursday passed legislation aimed at providing $39.8 billion in additional military and humanitarian aid for Ukraine, just ahead of the deadline in which. ", "What about taking the $40 billion from elsewhere in the budget? MarketWatch provides the latest stock market, financial and business news. It dwarfs the nearly $14 billion in emergency funding Congress approved in March and is even larger than the $33 billion emergency request Biden sent lawmakers last month. The rest of the United States' financial assistance covers funds for humanitarian and financial aid such as food, safe drinking water and medical supplies. The measure includes $6 billion for Ukraine for intelligence, equipment and training for its forces, plus $4 billion in financing to help Kyiv and NATO allies build up their militaries. Commerce officials have declined to speculate where these facilities might be, saying they must review applications. The House voted 368-57 on Tuesday to approve the measure. Republicans on the House Armed Services Committee have urged Biden to keep providing the lethal aid necessary for Ukraine to counter Putin's 'unprovoked' invasion. On Thursday, the Senate voted 86-11 to pass a roughly $40 billion aid package for Ukraine. Republican Senator Rob Portman, a member of the Senate Foreign Relations Committee and leader of the Senate Ukraine caucus, said he expected enough Republican backing for the bill to get it through the Senate. Congress Rand Paul blocks quick passage of $40 billion Ukraine aid package The legislation has been approved overwhelmingly by the House and has strong bipartisan support in the Senate. The administration does not plan to fund entire projects: Biden administration officials say they plan to offer grants of between 5 to 15 percent of a companys capital expenditures for a project, with funding not expected to exceed 35 percent of the cost. Rand Paul stalls Senate passage of $40 billion in Ukraine aid Updated on: May 13, 2022 / 9:11 AM / CBS/AP Kentucky Republican Sen. Rand Paul defied leaders of both parties Thursday and. This is part of the Biden administrations worker-centered approach to economic policy, which seeks to use the might of the federal government to benefit workers. Farm Heroes Saga, the #4 Game on iTunes. Seventy-five years on, the Biden administration and Congress have now set aside a similarly staggering $113 billion in American taxpayer funds for Ukraine in a conflict that has no end in sight. A $40 billion Ukraine aid package passed the Senate on Tuesday with relative ease despite opposition from 11 Republicans. "Aid for Ukraine. Couldnt Congress simply shift over the $40 billion and not add it to the debt? The US spends more on our military than the next 8 countries combined. Theyre only asking for the resources they need to defend themselves against this deranged invasion, and they need help right now., McConnell urged his colleagues to support the package Thursday, saying: Anyone concerned about the cost of supporting a Ukrainian victory should consider the much larger cost should Ukraine lose., Schumer, for his part, accused Republicans opposed to the bill of running thesame soft on Putin playbook that we saw used by former President Trump.. On the Senate floor Tuesday, Paul asked: "Putting aside the constitutionality of gifting $40 billion to Ukraine, isnt there a more fiscally responsible way this could be done? Today, more than 90 percent of the most technologically advanced chips, which are critical for the U.S. military and the economy, are produced in Taiwan. (AP Photo/Leo Correa), Lawmakers trounce Lobbyists in annual charity hockey game, These four House Republicans broke with the GOP to oppose inflation estimates bill, Biden mocks Rep. 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The Senate advanced a $40 billion Ukraine aid bill on Monday evening, despite opposition from a handful of Republican senators, in a vote tallying 81-11. And $126.3 million would help to prepare for and respond to potential nuclear and radiological incidents in Ukraine, notable given the frequent saber rattling from Russian President Vladimir Putin over his countrys nuclear stocks. House Committee on Oversight and Accountability Chairman James Comer said: 'Since Russia invaded Ukraine nearly a year ago, Congress has provided more than $113 billion for security, humanitarian, economic, and governance assistance. 'The Americans are setting the pace in supporting Ukraine,'Christoph Trebesch, the head of the Ukraine Support Tracker team at the Kiel Institute said. Bidens fellow Democrats narrowly control Congress, but the bill will need Republican votes to get through the Senate. ', Ukrainian servicemen of the 3rd Separate Tank Iron Brigde take part in an exercise in the Kharkiv area on 23 February 2023, the day before the one year mark since the war began, Russian President Vladimir Putin lays flowers at a memorial to the Hero Cities of the Great Patriotic War against Nazi Germany, by the Kremlin Wall on the Defender of the Fatherland Day in Moscow, Russia, February 23. The program also includes some ambitious and unusual requirements aimed at benefiting the people who will staff semiconductor facilities. (Ukrainian Presidential Press Office via AP). Broken down, the funds include about $11.9 billion to replenish U.S. weapons stocks that have been dipped into often since Feb. 24, when Russia first attacked Ukraine and Washington poured in its own lethal equipment to bolster the besieged country. WASHINGTON The House emphatically approved a fresh $40 billion Ukraine aid package Tuesday as lawmakers beefed up President Joe Biden's initial request, signaling a . Paul who had delayed the proposal to insist on language appointing a special inspector general to oversee the distribution of the money was one of 11 Republicans to vote against final passage, along with Marsha Blackburn of Tennessee, John Boozman of Arkansas, Mike Braun of Indiana, Mike Crapo of Idaho, Bill Hagerty of Tennessee, Josh Hawley of Missouri, Mike Lee of Utah, Cynthia Lummis of Wyoming, Roger Marshall of Kansas, and Tommy Tuberville of Alabama. 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We've received your submission. (1) Nothing in this section shall be interpreted to: (A) preclude an individual described in subsection (a) from applying for or receiving any immigration benefits to which such individual is otherwise eligible; or (B) entitle a person described in subsection (a) to lawful permanent resident status. The latest Arizona headlines, breaking news, in-depth investigations, politics, and local community stories that matter to you. Sen. Lindsey Graham blasts baby formula shortage on 'Jesse Watters Primetime.'. Covering Phoenix, Mesa, Glendale, Scottsdale, Gilbert, the valley . Public sentiment has started to drop, and Republicans are now warning they will audit all the money that has been sent to Kyiv to make sure it hasn't been wasted. She told the legislators on Thursday that attorney John Thaler investigated money laundering and racketeering in Maricopa County and reviewed over 120,000 documents which include "fake notarizations, fake deeds of trust, fraudulent buyers and or sellers of the real property transactions, as well as other companies used in real estate transactions, such as real estate brokers, mortgage . Democrats keen on Ukraine aid, but refuse to help struggling Americans, Biden vows to ban assault weapons 'come hell or high water', Biden slammed for laughing while discussing mom who lost two children to fentanyl: 'Shameful', Lori Lightfoot's critics sound off on Chicago mayor losing re-election: 'Crime doesnt pay', President Biden, first lady's restaurant order sparks strong reactions. The package delivers nearly $14 billion in emergency funding to help address the emerging humanitarian crisis in Ukraine and shore up the country's defense . Please. Musks TeslaMaster Plan Lacks Drive. The House passed a nearly $40 billion military and humanitarian aid package for Ukraine late Tuesday. 'American taxpayers are rightly frustrated with over a hundred billion U.S. dollars that have been spent in Ukraine, especially given the lack of a clear vision or strategic objective in the conflict' Heritage Action for America executive director Jessica Anderson told DailyMail.com. Another $11 billion will be distributed later this year to support research into new chip technologies. washington The U.S. House of Representatives approved more than $40 billion more aid for Ukraine on Tuesday, as Congress races to keep military aid flowing and boost the government in Kyiv. "The need is also urgent: I have nearly exhausted the resources given to me by a bipartisan majority in Congress to support Ukraines fighters. 0:39. This material may not be published, broadcast, rewritten, or redistributed. Horse power: Long-serving Red Bull chief CHRISTIAN HORNER on how he switches off from the high-pressure F1 environment, helped by Spice Girl wife Geri and a coterie of nags, dogs and donkeys! White House press secretary Jen Psaki was asked by CBS News' Ed O'Keefe about Paul's insistence on the inclusion of an inspector general and whether the Biden administration would establish some kind of watchdog entity to track the spending. Micron, which makes advanced memory chips, has announced big expansion plans in New York. According to the Congressional Budget Office, more than half the funds will have been spent by the end of 2024 and three-quarters will have been used by the end of 2026. Legal Statement. or redistributed. Joe Biden had asked Congress to approve an additional $33bn in aid for Ukraine. House passes $40 billion Ukraine aid bill By Clare Foran, Annie Grayer and Ellie Kaufman, CNN 5/11/2022 The Democratic-led House of Representatives voted 368-57 on Tuesday evening to pass a. The measure also includes $8.8 billion to keep the Kyiv government functioning, more than $5 billion to provide food to countries around the world that rely on Ukrainian crops devastated by the fighting and $900 million to teach English and provide other services to Ukrainian refugees who have moved to the United States. Published: 01:17 EST, 24 February 2023 | Updated: 16:27 EST, 24 February 2023. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. 7691, known as the Additional Ukraine Supplemental Appropriations Act of 2022after both Majority Leader Charles E. Schumer (D-NY) and Minority Leader A. Mitchell "Mitch" McConnell (R-KY) rejected Sen . Breaking news, in-depth investigations, politics, and local community stories that matter you. 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